1504, Mayfair Residency
Sold prices and rental history: sold twice, last in January 2012, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1504, Mayfair Residency
What is 1504 worth today?
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Source: Dubai Land Department. Updated 12 June 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 596 sqft
- Floor
- 15th of 18
- Parking
- B1-20 , P3-17
- Developer
- Deyaar
- Completed
- 2011
- Service charge
- AED 9,700 /yr
- Last sold
- AED 500K · January 2012
- Building
- Mayfair Residency
About 1504, Mayfair Residency
1504 is a one-bedroom apartment of 596 sqft on the 15th floor of Mayfair Residency, a 18-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 26 January 2012 for AED 500,000, or AED 838 per sqft, 34% below the AED 1,268 one-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 12 June 2025, is AED 60,000 a year: a gross yield of 12.0% on the 2012 price, before the service charge of about AED 9,700 a year.
Sales and rents for 1504 over time
1504 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Mayfair Residency, and where 1504 sits
All 187 1-beds →1504 last sold in January 2012 at AED 838 per sqft, 34% below what one-beds in Mayfair Residency were fetching at the time (AED 1,268). Over the last 12 months one-beds sold for AED 930,000 to 1,060,000, around AED 1,359 per sqft, and rent for AED 60,000 to 103,000 a year. 1504's AED 60,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 18 Feb 202618 February 2026 | 1,028 sqft | 1,004,528 | 977 | ||
| 11 Feb 202611 February 2026 | 633 sqft | 945,000 | 1,492 | ||
| 27 Jan 202627 January 2026 | 623 sqft | 1,000,000 | 1,605 | ||
| 20 Jan 202620 January 2026 | 925 sqft | 930,000 | 1,005 |
Mayfair Residency
Building212 apartments, 1-bed to 3-bed over 18 floors in Business Bay, completed in 2011 by Deyaar. 7 sold in the last 12 months.
- Typical price per sqft
- AED 1,359
- Typical sale
- AED 1M
- Typical rent
- AED 75K /yr
- Typical yield
- 8.1%
Other units on the 15th floor
All 212 units in Mayfair Residency| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 1-bed | 614 sqft | AED 1.13MAED 1,125,000 · Aug 2016August 2016 | ||
| 1502 | 1-bed | 780 sqft | AED 915KAED 915,000 · Apr 2017April 2017 | 77,000 /yr | |
| 1503 | 1-bed | 619 sqft | AED 865KAED 865,000 · Jun 2024June 2024 | 57,500 /yr | |
| 1505 | 1-bed | 621 sqft | AED 750KAED 750,000 · Apr 2022April 2022 | 80,000 /yr | |
| 1510 | 1-bed | 625 sqft | AED 850KAED 849,999 · Jan 2014January 2014 | 70,000 /yr | |
| 1511 | 1-bed | 596 sqft | AED 800KAED 800,000 · May 2016May 2016 | ||
| 1512 | 1-bed | 633 sqft | AED 530KAED 529,720 · Sep 2012September 2012 | 75,000 /yr | |
| 1513 | 1-bed | 752 sqft | AED 930KAED 930,000 · Jul 2013July 2013 | 85,000 /yr | |
| 1514 | 1-bed | 649 sqft | AED 900KAED 900,000 · May 2016May 2016 | 75,000 /yr |
1504, Mayfair Residency in numbers
- Sold twice: first on 23 January 2012 for AED 863,741, last on 26 January 2012 for AED 500,000 (AED 838 per sqft).
- Rented since November 2020 on 5 Ejari contracts, from AED 35,000 to AED 60,000 a year.
- At AED 60,000 a year the gross yield on the 2012 price is 12.0%, before a service charge of about AED 9,700 a year (AED 16.20 per sqft).
- One-beds in Mayfair Residency sold for AED 930,000–1,060,000 in the 12 months to November 2026; the building's median across all types is AED 1,359 per sqft.
Source: Dubai Land Department. Updated 12 June 2025.
Questions about 1504, Mayfair Residency
What did unit 1504 last sell for?
AED 500,000 on 26 January 2012: AED 838 per sqft for 596 sqft. The unit has 2 registered sales; the first was AED 863,741 in January 2012.
What is the rent for unit 1504?
AED 60,000 a year on the contract renewed on 12 June 2025. The previous contract, from June 2024, was AED 60,000; the unit has been rented since November 2020.
How big is unit 1504?
596 sqft (55.4 sqm): a one-bedroom apartment on the 15th floor of a 18-storey tower completed in 2011.
What is unit 1504 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mayfair Residency sold for AED 930,000 to 1,060,000 in the last 12 months, around AED 1,359 per sqft.
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Mortgage on 1504, Mayfair Residency
Starts from the last sale price (AED 500K, 26 January 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 500,000
- Deposit, UAE resident (20%)
- AED 100,000
- Deposit, non-resident (40%)
- AED 200,000
- Monthly over 25 years at 3.7%
- AED 2,046
Plus AED 26,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →